The old saying goes that there are two certainties in your life: death and taxes. But in the cryptocurrency world, there’s a third certainty: whales abandoning popular projects. In the past few weeks, we’ve seen two major examples of this phenomenon. First, there was the mass exodus from FTM Fantom to UNI Uniswap. And now, it seems that the whales are abandoning UNI Uniswap for greener pastures. So what’s going on here? Why do whales always seem to be on the move? And more importantly, where do they go when they leave a project? Check how bitcoin and blockchain could change the world.
Fantom Price Won’t Hit All-Time Highs In The Year 2023
Whales are abandoning the FTM Fantom and UNI Uniswap as the price of Bitcoin falls.
The price of Bitcoin has been falling over the past few days, and it seems that whales are taking their money out of altcoins and into Bitcoin.
One of the biggest sell-offs has been in the FTM Fantom, which has lost 30% of its value in the past week. The UNI Uniswap has also seen a sell-off, losing 20% of its value.
It seems that investors are becoming nervous about the altcoin market and are moving their money into Bitcoin. This could be because they believe that Bitcoin will continue to rise in value, while altcoins will not.
Only time will tell if this is true, but for now, it seems that whales are abandoning altcoins in favor of Bitcoin.
Will Fantom Be A Good And Proper Investment in 2023?
It’s been a tough few months for the Fantom (FTM) project. After peaking at over $0.60 in early May, the price of FTM has plunged to around $0.10 currently – a loss of over 80% in value.
What’s even worse is that the project has now been abandoned by two major whales. The first was Mike Novogratz, who sold all of his FTM tokens in mid-June. The second was Uniswap, which recently announced that it was delisting FTM.
So, what does this mean for the future of Fantom? Is it still a good investment?
There are a few things to consider. First, it’s important to remember that Fantom is still a relatively new project. It launched in 2019 and is still in its early stages of development. This means that there will likely be a lot of volatility in the price of FTM in the short-term.
Second, while the recent sell-offs by Novogratz and Uniswap are certainly discouraging, it’s important to remember that there are still many big investors backing Fantom. For example, B
Uniswap Price Prediction for the Year 2023
Uniswap (UNI) is a decentralized protocol that allows users to swap ERC-20 tokens on the Ethereum blockchain. UNI was created by Hayden Adams in 2018 and launched in September of that year.
Since its launch, UNI has become one of the most popular protocols on the Ethereum blockchain. In January 2021, UNI reached a market capitalization of $4.3 billion.
However, UNI’s price has been volatile in recent months. In March 2021, UNI’s price fell by 50% after whales abandoned the FTM Fantom and UNI Uniswap protocols.
Despite this volatility, some experts believe that UNI will continue to grow in popularity and value over the next few years. In fact, some predictions suggest that UNI could reach a market capitalization of $40 billion by 2023.
Now only time will tell if these predictions come true. However, if UNI does continue to grow in popularity, it could become one of the most valuable protocols on the Ethereum blockchain.
Whales, the term used to describe large cryptocurrency investors, have been selling off their holdings of FTM Fantom and UNI Uniswap tokens en masse. The sales have caused the prices of both assets to drop significantly.
It is unclear why the whales are selling, but it could be due to a variety of factors. One possibility is that the whales are selling in order to cash in on the recent gains made by other assets in the cryptocurrency market. Another possibility is that the whales believe that Fantom and Uniswap are overvalued and are therefore selling in order to realize profits before the prices drop further.
Whatever the reason for the whale sell-off, one thing is clear: the market for Fantom and Uniswap tokens is not as strong as it once was. This could mean trouble for both projects in the future, as they may have difficulty attracting new investors and maintaining their current user base.